News Corp. said it is evaluating options for its News America Marketing business that could include a sale, which would leave the publisher of the Wall Street Journal and New York Post more purely focused on media while removing what’s been a troubled unit. The review of News America, which offers in-store marketing and shopper circulars, “will result in enhanced shareholder value, as we seek to streamline our company, with the aim of greater transparency and profitability,” News Corp. Chief Executive Officer Robert Thomson said in a statement. Media-focused investment bank Allen & Co. is advising on the process. News America has been something of an albatross for News Corp. in recent years. The company recognized noncash impairment charges totaling $165 million related to News America in the quarter ended March 2018, and the unit was the subject of a lawsuit by consumer brands that led to a $250 million settlement in 2016. The marketing unit is also suffering from a version of the same ailment afflicting News Corp.’s print-media properties: declining circulation. Revenue at News America dropped 7 percent in the nine months ended March 31, with the company mainly citing lower home-delivered revenue amid a drop in volume. News Corp. shares rose as much as 2.7 percent to $12.57 in New York trading Tuesday. The stock is up more than 10 percent so far this year, though down 22 percent in the past 12 months. —Bloomberg News Continue reading at 'Advertising Age'
[ Advertising Age | 2019-06-18 20:05:16 UTC ]
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From the Gutenberg press to the word processor, a detailed trawl through the history of print offers lessons for the digital ageThe Gutenberg Parenthesis is a term coined by Danish scholar Lars Ole Sauerberg, who proposed that the history of literary culture as we had hitherto known it – the... Continue reading at The Guardian
[ The Guardian | 2023-08-02 11:00:02 UTC ]
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The Oscar-nominated actor’s new memoir is at once a Hollywood air kiss and a moving tribute to a happy marriage that ended too soon. Continue reading at The New York Times
[ The New York Times | 2023-08-01 09:01:10 UTC ]
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At a glance ProsResolutions up to 8K possible, direct extraction of MP3 filesConsNo downloading of videos behind paywallsOur VerdictThe Video and Audio Downloader Pro 2 is easy to use and useful, especially for users of public service media libraries. Watching videos offline has evolved... Continue reading at PC World
[ PC World | 2023-07-31 17:44:06 UTC ]
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#input field
#libraries
Sixty-nine (nice, but in Elvish) years ago this week, the godfather of high fantasy, John Ronald Reuel Tolkien, published the first novel in a proposed thee-volume epic “largely concerned with hobbits.” The Fellowship of the Ring has, in the decades since publication, shifted over 150 million... Continue reading at Literrary Hub
[ Literrary Hub | 2023-07-28 16:55:39 UTC ]
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Colson Whitehead’s Crook Manifesto, Patrick deWitt’s The Librarianist, and Silvia Moreno-Garcia’s Silver Nitrate all feature among the best reviewed fiction titles of the month. Brought to you by Book Marks, Lit Hub’s “Rotten Tomatoes for books.” * Fiction 1. Crook Manifesto by Colson Whitehead... Continue reading at Literrary Hub
[ Literrary Hub | 2023-07-28 09:07:50 UTC ]
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Laura Cumming’s Thunderclap, Kate Zambreno’s The Light Room, and John McPhee’s Tabula Rasa all feature among the best reviewed nonfiction titles of the month. Brought to you by Book Marks, Lit Hub’s “Rotten Tomatoes for books.” * 1. Thunderclap: A Memoir of Art and Life & Sudden Death by... Continue reading at Literrary Hub
[ Literrary Hub | 2023-07-28 09:00:49 UTC ]
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Forthcoming books explore how to utilize the magical properties of such items to brighten moods, restore energy, quell pain, foster a sense of connection, and face tough social issues. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-07-28 04:00:00 UTC ]
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The annual report from Spain's publishers describes a 10th consecutive year of growth for the country's book market, at €2.7 billion. The post Spain’s Book Market in 2022: Up 5.5 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-07-27 20:58:08 UTC ]
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Fox is joining the wrap party. Today, Fox became the third major publisher to announce it's closed upfront talks. The company follows Paramount, which closed talks this morning, and NBCUniversal, which wrapped negotiations last week. According to Fox sources, Fox Sports, driven by NFL, MLB,... Continue reading at AdWeek
[ AdWeek | 2023-07-27 15:00:00 UTC ]
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These days, if you use your book review to call an author a pervert and instruct him to abandon writing for the sake of public morality, most reputable editors will palm you a paltry kill fee and mothball your screed. Not so, it would seem, in 1890. Here’s how an outraged book critic for The […] Continue reading at Literrary Hub
[ Literrary Hub | 2023-07-24 18:10:37 UTC ]
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In the US, sales of books for adults and education were up in May, as children's books slid again, per AAP's StatShot. The post AAP StatShot Shows the US Book Market Flat in May appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-07-24 14:10:38 UTC ]
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With the company's marketing and publicity teams unified across adult and children’s book imprints, Abrams aims to create a more efficient way to reach readers. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-07-24 04:00:00 UTC ]
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Project-wise, Imago is now approaching pre-pandemic levels, says president and CEO Howard Musk. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-07-21 04:00:00 UTC ]
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Tool is said to have been pitched to several US news outlets as an aid for journalists rather than a replacementGoogle is testing an artificial intelligence tool that can write news articles, in the latest evidence that the technology has the potential to transform white-collar professions.The... Continue reading at The Guardian
[ The Guardian | 2023-07-20 12:04:29 UTC ]
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Henry Bean’s first novel, reissued as “The Nenoquich,” follows a young writer in Berkeley through a transformative affair. Continue reading at The New York Times
[ The New York Times | 2023-07-20 09:00:24 UTC ]
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On Jan. 1, the privately owned business publisher Bloomberg Media shut off its open-market programmatic advertising, a move to better control its user experience and drive advertisers to reach its audience by buying directly from the company itself. Six months later, the strategy produced its... Continue reading at AdWeek
[ AdWeek | 2023-07-18 11:31:59 UTC ]
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IPG CEO Joe Matthews told PW the company remains committed to its 50-year-old publishing programs but that "the current market" required adjustments. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-07-18 04:00:00 UTC ]
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Kate Flannery’s “Strip Tees” is a racy, thoughtful memoir of her tenure during the rise and fall of the controversial retail company. Continue reading at The New York Times
[ The New York Times | 2023-07-14 09:00:33 UTC ]
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This Kobo Plus review weighs the pros and cons of the current best alternative to Kindle Unlimited. Continue reading at Book Riot
[ Book Riot | 2023-07-11 10:32:00 UTC ]
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